Marine and RV Financing Guidelines!
What to expect:
Anchor sincerely hopes that this summary will provide you with the
necessary information to ensure that the process of obtaining boat or RV
financing becomes a positive and hassle-free experience for everyone
involved. We have outlined
a brief overview of the process, so you know exactly what to expect.
How to apply:
Please complete the PDF Credit
Application and provide the appropriate information as listed
below. The processing of
your request will move faster if we receive all the necessary
information with the application. If
we need additional information, we will contact you personally.
Loans over $25,000
Current pay stub(s)
2 Years Federal 1040’s
with all Schedules, A, B, C, D, or E, & W2s
If self-employed, also
include 2 years of Corp tax returns, with K1s
Copy of Sales Agreement
and/or Survey if available – can come later
Copy of your driver’s
When you will have answers:
Once we have all the necessary information to submit your application,
we normally have decisions from our lenders within 24-48 hours.
You will be notified via a personal telephone call as to the
status of your application, followed up by written/email correspondence.
The conditions of your approval will be explained completely
(i.e. signatures required, survey, U.S. Coast Documentation and/or State
Title requirements; insurance requirements, etc.).
If our approval meets with your satisfaction, then we will
discuss the procedure to get to a settlement.
Where do you go from here?
We will work with you, the seller, the dealer and/or broker to schedule
a mutually satisfactory settlement date.
This date will be based on compliance with the conditions and/or
requirements specified by the lender.
Why Choose Anchor?
Anchor has been in the boat financing business since 1985 and RVs since
2008. We have many years of
knowledge and expertise and are thoroughly trained in the “Anchor Way” of doing business, which is professional,
courteous, and dedicated to our customers.
We offer Competitive Rates, no-fee refinancing, and
flexible financing options. In
addition, we have in-house U.S. Coast Guard Documentation and State
Title Service to expedite your documentation and/or titling
Please Contact us if you have further questions!
Thank you very much!